HomeMy WebLinkAboutRES CC 2025 4293 2025 0115 RESOLUTION NO. 2025-4293
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR
2024/25 BUDGET AND AUTHORIZING THE TRANSFER OF
GENERAL FUND (1000)AND THE GAS TAX FUND (2415) TO
COVER FISCAL YEAR 2023/24 YEAR-END DEFICITS FOR
CERTAIN LANDSCAPING AND LIGHTING ASSESSMENT
DISTRICT FUNDS
WHEREAS, on June 5, 2024, the City Council adopted Resolution No. 2024-4245
approving the Engineer's Report; confirming diagram and assessment; and ordering the
continuation of assessments for fiscal year (FY) 2024/25 for the City Landscaping and
Lighting Maintenance and Assessment Districts (AD); and
WHEREAS, on June 19, 2024, the City Council adopted Resolution No. 2024-4250
approving the Operating and Capital Improvement Budget for FY 2024/25, which includes
an aggregate of $227,638 transfers from the General Fund and Gas Tax fund to cover
the estimated FY 2023/24 deficits in certain AD funds; and
WHEREAS, a staff report has been presented to the City Council summarizing the
actual FY 2023/24 fund deficits of$175,605.44 in various AD funds; and the same report
is recommending a net appropriation totaling $52,033.05 be made by reducing General
Fund transfers already budgeted by ($26,016.52) and by ($26,016.53) from Gas Tax
Fund to match the required fund transfers to eliminate the mentioned deficits; and
WHEREAS, said staff report has been presented to the City Council requesting
fund transfers in the aggregate amount of $175,605.44 from the General Fund
($87,802.73) and Gas Tax Fund ($87,802.71); and
WHEREAS, Exhibit "A", attached hereto and made a part hereof, describes said
budget amendments and the resultant impact to the budget line items.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES
HEREBY RESOLVE AS FOLLOWS:
SECTION 1. An aggregate budget amendment decreases of $175,605.44 in
General Fund ($87,802.73) and in Gas Tax Fund ($87,802.71) to eliminate the FY
2023/24 deficits in certain AD funds, as more particularly described in Exhibit "A", is
hereby approved.
SECTION 2. That a fund transfer in the aggregate amount of $175,605.44 as
particularly described in Exhibit "A", is hereby approved.
Resolution No. 2025-4293
Page 2
SECTION 3. The City Clerk shall certify to the adoption of this resolution and
shall cause a certified resolution to be filed in the book of original resolutions.
PASSED AND ADOPTED this 15th day of January, 2025.
Chris R. Enegr , Mayor
ATTEST: `
PROS AS.
Ky Spa g er, Ci lerk <,'���
TEn -J
Attachment: Exhibit "A" - Budget Amendment and Fund Transfer Detail
Resolution No. 2025-4293
Page 3
EXHIBIT A
Budget Amendment for
General Fund and Gas Tax Fund to Adjust Transfers
Required to Fund FY 2023/24 Year-End Deficits in Certain
Landscaping and Lighting Assessment District Funds
FY 2024/25
A. FUND ALLOCATION:
Fund Title Unassigned Fund Revision Amount
General Fund (Fund 1000) $ 576,897.00 $ 26,016.52 $ 602,913.52
Gas Tax Fund (Fund 2415) $ 372,652.00 $ 26,016.53 $ 398,668.53
Total $ 949,549.00 $ 52,033.05 $ 1,001,582.05
B. FISCAL YEAR 2023/24 BUDGET APPROPRIATION:
Account Number Current Budget Revision Amended Budget
FROM:
1000-312-00000-59010 $ - $ - $ -
1000-542-00000-59010 $113,819.25 ($26,016.52) $ 87,802.73
2415-312-00000-59010 $ - $ - $ -
2415-542-00000-59010 $113,819.24 ($26,016.53) $ 87,802.71
Total $ 227,638.49 $ (52,033.05) $ 175,605.44
TO:
2300-000-00000-49010(Lighting) $ - $ -
2300-000-00000-49010(Landscaping) $ (131,493.00) $ 32,756.03 $ (98,736.97)
2301-000-00000-49010(Pecan Ave. Tract 2851) $ (12,771.89) $ 3,455.53 $ (9,316.36)
2303-000-00000-49010(Butterceek/Peppermill) $ (1,367.31) $ 1,335.09 $ (32.22)
2305-000-00000-49010(Pheasant Run Area) $ (58,334.32) $ 8,209.45 $ (50,124.87)
2306-000-00000-49010(Inglewood St. Tract 3306) $ (798.70) $ 798.70 $ -
2308-000-00000-49010(Home Acres Buffer) $ (12,895.89) $ 2,132.01 $ (10,763.88)
2309-000-00000-49010(Moorpark Industrial Park) $ (5,906.05) $ 1,623.93 $ (4,282.12)
2314-000-00000-49010(Silber Oak Lane) $ (4,071.33) $ 1,722.31 $ (2,349.02)
Total $ (227,638.49) $ 52,033.05 $ J175,605.44)
C. APPROPRIATION ALLOCATION:
Account Number From From
To Be Transferred to Account Fund 1000 Fund 2415 Total
2300-000-00000-49010(Lighting) $ - $ - $ -
2300-000-00000-49010(Landscaping) $ 49,368.49 $ 49,368.48 $ 98,736.97
2301-000-00000-49010(Pecan Ave. Tract 2851) $ 4,658.18 $ 4,658.18 $ 9,316.36
2303-000-00000-49010(Butterceek/Peppermill) $ 16.11 $ 16.11 $ 32.22
2305-000-00000-49010(Pheasant Run Area) $ 25,062.44 $ 25,062.43 $ 50,124.87
2308-000-00000-49010(Home Acres Buffer) $ 5,381.94 $ 5,381.94 $ 10,763.88
2309-000-00000-49010(Moorpark Industrial Park) $ 2,141.06 $ 2,141.06 $ 4,282.12
2314-000-00000-49010(Silber Oak Lane) $ 1,174.51 $ 1,174.51 $ 2,349.02
Total $ 87,802.73 $ 87,802.71 $ 175,605.44
Resolution No. 2025-4293
Page 4
STATE OF CALIFORNIA )
COUNTY OF VENTURA ) ss.
CITY OF MOORPARK )
CERTIFICATION
I, Ky Spangler, City Clerk of the City of Moorpark, California, do hereby certify
under penalty of perjury that the foregoing Resolution No. 2025-4293 was adopted by the
City Council of the City of Moorpark at a regular meeting held on the 15th day of January,
2025, and that the same was adopted by the following vote:
AYES: Councilmembers Barrett, Castro, Delgado, Means and Mayor Enegren
NOES: None
ABSENT: None
ABSTAIN: None
WITNESS my hand and the official seal of said City this 15th day of January, 2025.
Ky Spittiogr
I Cit Jerk
(seal)
, ►''.
CAL
l'obt4"6.1NPAt
41W'
ED